Neighborhood Stabilization Program

Here is a story that cbs2 Chicago did on the Neighborhood Stabilization Program back in February. At the time, the City only made 2 invesments in North Lawndale, and none in West Garfield. The City got $55 million in Round1; $98 million in Round 2; and $168 million is expected soon. It will be interesting to see if we get any funding from Round 3. http://cbs2chicago.com/local/North.Lawndale.foreclosures.2.1507122.html

Chicago Neighborhood Stabilization Program

Here's a video clip for the abc 7 news story on the Neighborhood Stabilization Program (NSP). This story includes coverage of a public hearing on the Neighborhood Housing Program. I worked with a coalition of community leaders around the city to request the hearing to get an update on the rate of investment in communities like North Lawndale. At the time we (Chicago Citizens for Neighborhood Stabilization)called for the hearing in February 2010, only 2 investments had been made in North Lawndale, and none in West Garfield. The City will be getting $168 million more. It will be interesting to see if North Lawndale or West Garfield get any of the money.